Major international organizations classify countries by different factors. One criterion that is often used is gross national income (GNI) per capita – the dollar value of a country’s final income in a year, divided by its population

Ratified by more than 110 of 164 member countries, the Trade Facilitation Agreement (TFA) has gone into force, launching “a new phase for trade facilitation reforms all over the world,” according to the WTO.

Stricter capital controls by Chinese authorities are prompting concerns that the liberalization of the Chinese capital market is being halted at a time when the US dollar’s strength and a steady outflow of funds from the country are causing the renminbi to slide.

Jacques Molgo, group financing & treasury director, and Laurent Chesnay, head of group front office, Air Liquide, a French multinational, explain the appeal of deal-contingent forwards (DCF)—a type of foreign exchange contract.

Although Liam Fox made headlines for saying British businessmen are too lazy to boost exports, less extensively reported remarks by the UK’s international trade secretary hint at a significant change in policy.

The People’s Bank of China has introduced bigger movements in its daily fixings of the country’s currency against the dollar. If sustained, this subtle change could signal that the central bank is preparing to allow greater flexibility in foreign exchange trading.